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WASHINGTON/BALTIMORE (BBN) – (Updating on September 23, 2017 to add interview of Sean “Diddy” Combs by US House Financial Services Committee Ranking Member Rep.Maxine Waters (D-Calif.) — AT&T(NYSE: T) USD 85.4 bin dollar bid for Time Warner (NYSE: TWX) is seen marking the end of Alphabet (NYSE: Goog) and Facebook (NYSE:FB) dominant position in the US media market and heralding new antitrust action by the administration of President Donald Trump.
[21st Century Fox and News Corp Executive Chairman Rupert Murdoch speaks to Capitol Intelligence/Black Business News (BBN) using CI Glass on AT&T bid for Time Warner at The Wall Street Journal CEO Council Summit in Washington, DC. November 15, 2016]
The administration of Donald Trump is looking at taking long overdue antitrust action both by the US Department of Justice (DOJ) and US Federal Trade Commission (FTC) as the administration of Barack Obama gave a “free ride to Google, Facebook and Silicon Valley,” a Washington DC antitrust attorney close to the Trump transition team said.
BALTIMORE/BIZERTE (CI MENA) — (Updating September 20, 2017 to add historic Sister City agreement between Baltimore Mayor Catherine Pugh and Tunisian Member of Parliament and highest elected official of Bizerte, Ali Belakhoua) – America’s fastest growing city is becoming the key driver in reviving the fortunes of the Arab world’s first representative democracy – Tunisia through the nascent Sister City partnership between Baltimore, Maryland and the ancient and strategic port city of Bizerte,Tunisia.
[Baltimore Mayor Catherine Pugh and Tunisian Member of Parliament and highest elected official of Bizerte, Ali Belakhoua filmed by Capitol Intelligence/BBN using CI Glass agreeing on Sister City partnership during Congressional Black Caucus Foundation ALC in Washington, DC. September 20, 2017]
Tunisia’s strategic importance was formalized by President Barack Obama when he declared the North African nation as America’s most strategic non-NATO US ally and the nation’s strategic importance for the US continues with President Donald J. Trump under the leadership of US Commerce Secretary Wilbur Ross and Secretary of State Rex Tillerson.
Ali Belakhoua, a Tunisian Member of Parliament and highest elected official of Bizerte, met with Baltimore Mayor Catherine Pugh at the Congressional Black Caucus Foundation Annual Legislative Conference in Washington DC on September 20 and agreed to go ahead with a formal signing during the IMF World Bank Annual meeting on October 10-15, 2017.
WASHINGTON (BBN) — (Updated September 15, 2017 to include interview with Starbucks Executive Chairman Howard Schultz) — Earvin “Magic” Johnson’s ability to co-opt some of the world’s largest companies such as Paris-based catering and outsourcing giant Sodexo (EPA:SW) and Seattle-based Starbucks (NASDAQ: SBUX) is more impressive than his exploits on the basketball court.
[Magic Johnson Enterprises founder and CEO Earvin “Magic” Johnson filmed by Capitol Intelligence/BBN using CI Glass at Back to School Block Party at all-male DC Public Ron Brown High College Preparatory High School in Northeast DC]
Johnson, who owns a 51% stake in SodexoMagic, — an educational catering business with Sodexo – returned to Washington DC where the company holds a city contract to give an inspiring speech to DC Public Schools first all-male high school, the Ron Brown College Preparatory High School in Northeast DC.
But Johnson’s strategy of targeting African-American communities such as nearby Prince George’s County and Harlem in New York with amenities such as shopping malls, Starbucks and move theaters has transformed his Los Angeles-based Magic Johnson Enterprises into a multi-billion private equity fund with an even more impressive 40% internal rate of return (IRR).
WASHINGTON/WHEELING, WV (BBN) (Update on May 18, 2017 to add comments by US Treasury Secretary Steven Mnuchin) –The end of the long stalemate in Congress over the Export-Import Bank of the United States (EXIM) has unintentionally served as a catalyst to convince the CEOs of Fortune 100 giants such as General Electric Corp.(NYSE:GE),The Dow Chemical Company (NYSE: DOW), Honeywell International, INC (NYSE:HON), The Boeing Company (NYSE:BA) ofthe strategic need to lend their considerable resources to US small-and-medium and minority-and-veteran owned businesses to expand and compete in foreign markets.
[US House Financial Services Committee Ranking Member Maxine Waters (D-CA) speaks to Capitol Intelligence/BBN using CI Glass on President Trump naming former NJ Congressman Scott Garrett as EXIM Bank at Tax March at US Capitol, April 15, 2017]
The issue of large corporates helping US small and medium-sized businesses came after EXIM Bank opponents succeeded in blocking the nomination of new EXIM board members and thus limiting the export credit agency to making export guarantees of USD 10m or less.
President Donald Trump unblocked the impasse by nominating former New Jersey Congressman Scott Garrett as EXIM President and Chairman and former US House Financial Services Chairman and old-school Republican leader Spencer Bachus from Alabama as an EXIM board member.
Meanwhile a highly unusual but effective alliance has been quietly forged between US Treasury Secretary Steven Mnuchin and US House Financial Services Ranking Member Maxine Waters (D-CA) to guarantee that EXIM Bank primary focus will be to serve US small-to-medium size exporters, with special attention to minority-and-veteran led businesses.
TUNIS/BALTIMORE (CI MENA) (Updating on March 14, 2017 to add The Carlyle Group Co-Founder and Co-CEO David Rubenstein) — Tunisia, the Arab world’s first democracy, is set for an unprecedented economic boom as the administration of President Donald Trump makes a clean sweep of a cabal of cronies tied his opponent and former Secretary of State Hillary Clinton.
[Secretary of State and former Exxon Mobil (NYSE:XTO) Chairman and CEO Rex W. Tillerson speaks to Capitol Intelligence/BBN using CI Glass on mega mergers in oil and gas sector following United States Energy Association Energy meeting at National Press Club of Washington, DC. May 5, 2016]
Tunisia set the stage for its economic renaissance following the Tunisia 2020:Road to Inclusion, Sustainability and Efficiency donor and investment summit headlined by the Emir of Qatar Sheikh Tamim bin Hamad bin al-Thani and than French Prime Minister Manuel Valls and raising more than USD 8bn for public-private infrastructure projects, with USD 1.2bn from Qatar alone.
Notwithstanding President Barack Obama elevating Tunisia as America’s most strategic non-NATO US ally, the United States angered the Tunisian government headed by the country’s pro-American Prime Minister Youssef Chahed by sending an insultingly low-level US delegation to the conference.
On February 17, 2017, President Trump phoned Tunisian President Beji Caid Essebsi to “re-affirm” the historic US-Tunisian relationship and seek additional ways to cooperation between the two countries.